ETH

Ethereum

Layer 1

Price
$2,425
24h
+5.5%
7d
+3.8%
Market cap
$296.5B
24h volume
$16.5B
Report

Ethereum (ETH) is a smart-contract platform and layer-1 chain. The project's stated purpose: Native currency of Ethereum, described by ethereum.org as a decentralised platform for apps and infrastructure with no bank or middleman. The project names its team publicly. Its token allocation is published and it has a technical whitepaper. It launched in July 2015. 122.2M are in circulation, with no maximum.

Ethereum is a global, open-source platform for decentralized applications. In other words, it is a decentralized blockchain platform that enables developers to build and deploy smart contracts and applications without central authority control. Unlike Bitcoin, which primarily functions as digital currency, Ethereum operates as a programmable global computer where developers can create any type of decentralized service.

The platform hosts over $14 billion in DeFi applications with hundreds of thousands of active users across financial protocols, NFT marketplaces, and gaming platforms. Its transition to Proof of Stake in September 2022 reduced energy consumption by over 99%, addressing environmental concerns while strengthening network security.

The network operates through thousands of independent validator nodes that process transactions and execute smart contracts on the Ethereum Virtual Machine.

Ethereum's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
122.2M
Total supply
122.2M
Max supply
No cap

Supply as of 18h ago

Research

Researched on 31 August 2026

  • Team named yes
  • Whitepaper substantive yes
  • Tokenomics disclosed yes

Named by the project: Vitalik Buterin

The project's claims

  • Describes itself as the global network where users control their assets, data and identity. source
  • The whitepaper anticipates a future switch to proof-of-stake reducing issuance to between zero and 0.05X per year. source
2 sources checked